Leader of the Opposition Angus Taylor delivers his 2026-27 Budget Reply speech. Inset: Associate Professor of Accounting & Finance at Charles Darwin University, Prof. Rakesh Gupta says the opposition's proposal on capital gains and negative gearing could take years before showing any real results. Credit: AAP/ Supplied: Charles Darwin University
The Coalition wants to limit net overseas migration to the number of new homes built each year. Reversing capital gains tax changes, scrapping negative gearing reforms, a $5 billion housing infrastructure fund and indexing income tax to inflation are among other key proposals in Coalition's first budget reply. But CDU's Associate Professor Rakesh Gupta tells SBS Hindi that while some of the proposals sound powerful politically, the real economic impact will be slow, partial, and in some cases unlikely.
The Coalition wants to limit net overseas migration to the number of new homes built each year. Reversing capital gains tax changes, scrapping negative gearing reforms, a $5 billion housing infrastructure fund and indexing income tax to inflation are among other key proposals in Coalition's first budget reply. But CDU's Associate Professor Rakesh Gupta tells SBS Hindi that while some of the proposals sound powerful politically, the real economic impact will be slow, partial, and in some cases unlikely.
(The views expressed in this podcast are of the individuals. SBS neither agrees nor disagrees with them.)
